Stocks mostly lower in early trading

Dhaka,  Sat,  23 September 2017
Published : 16 Apr 2017, 11:34:57

Stocks mostly lower in early trading

FE Online Report
The prices of most of the shares on both bourses witnessed downward trend in early trading Sunday as risk-averse investors were on selling mood.

Following the previous week’s major correction, the key index of the country’s prime bourse fell 15.36 points within first 15 minutes of trading at 10:45am.

After 30 minutes of trading, the DSEX stands at 5632, losing 13.56 points while the Selective Category Index of port city bourse fell 12 points when the report was filed at 11:00am.

DSEX, the prime index of the DSE went down by 13.56 points or 0.24 per cent to stand at 5,632.31 when the report was filed.

The DS30 index, comprising blue chips also fell 8.65 points or 0.41 per cent to stand at 2,078.68. The DSE Shariah Index (DSES) dropped 0.96 points or 0.07 per cent to reach at 1,293.91 at 11:00am.

Turnover, the crucial indicator of the market, stands at Tk 1.26 billion on the DSE, when the report was filed at 11:00am backed by Evince Textile and Bangladesh Building Systems.

Evince Textile led the turnover chart with shares worth Tk 110 million changing hands till then, closely followed by Bangladesh Building Systems Tk 88 million, Khan Brothers PP Woven Bag Industries Tk 87 million, Paramount Textile Tk 82 million and Lankabangla Finance Tk 56 million.

Of the issues traded till then, 106 advanced, 96 declined and 37 issues remained unchanged till 11:00am.

The port city bourse, the Chittagong Stock Exchange (CSE), also saw negative trend till then with its Selective Category Index – CSCX – losing 12 points to stand at 10,582, also at 11:00am.

Of the issues traded till then, 50 gained, 36 declined and 14 remained unchanged with a turnover value of Tk 54 million.

Editor : A.H.M Moazzem Hossain
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